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Richard N. Velotta Gaming Guru - Page 13Vegas sees largest convention numbers since 2008 with 5.2 million2 February 2015
LAS VEGAS -- Lost in the shuffle of Las Vegas's record-setting visitor volume of 2014 was another trend important to the city: The meetings and trade show industry is back. The Las Vegas Convention and Visitors Authority on Friday publicly confirmed what most people already knew, that a record 41.1 million people visited Southern Nevada last year. ... (read more)
Incentives OK'd for 'Monopoly Millionaires' game show23 January 2015
LAS VEGAS -- Las Vegas is on board — the Monopoly board, that is. Representatives of the Governor's Office of Economic Development board on Thursday approved $2.5 million in economic incentives for Scientific Games Corporation and a subsidiary, Scientific Games Production, to defray costs of building a ... (read more)
Nevada's largest casinos lose $743.7 million in fiscal '1412 January 2015
LAS VEGAS -- The state’s largest casinos lost $743.7 million in the 2014 fiscal year, nearly cutting their losses in half from the previous year. The Nevada State Gaming Control Board’s 2014 Nevada Gaming Abstract, published Friday, said the 270 Nevada casinos that generated $1 million or more in gaming revenue reported total revenue of $23.9 billion. ... (read more)
Caesars Entertainment Corp., affiliate to merge; shares rise23 December 2014
LAS VEGAS -- It was always an option for Caesars Entertainment Corp. to merge with the Caesars Acquisition Co. affiliate it shed in 2013 to ease its debt burden. But it wasn’t until last week’s affirmation that Caesars Entertainment Operating Co. would file for Chapter 11 bankruptcy protection in mid-January that action was set in motion. ... (read more)
Finally: Las Vegas officially gets 40 millionth annual visitor17 December 2014
LAS VEGAS -- For the past two years, the Las Vegas Convention and Visitors Authority has said that it would attract a record-breaking 40 million tourists to Southern Nevada, toppling a record that has stood since 2012. Everybody thought it would occur last year, but the total fell short of the 39.7 million recorded the year before. ... (read more)
Las Vegas brings back 'What happens here, stays here'10 December 2014
The Las Vegas Indie rock band Imagine Dragons has joined the parade of local entertainment celebrities boosting tourism by participating in a “What happens here, stays here” television advertisement for the Las Vegas Convention and Visitors Authority. LVCVA board members Tuesday viewed three new ads, one featuring the music of the popular group. ... (read more)
Uber temporarily suspends operations in Nevada1 December 2014
Uber, the maverick ride-sharing company that has been bending the state’s transportation rules for a month, ceased operations in Nevada late Wednesday, vowing to return when it finds a clear path to operating legally in the state. The decision for the temporary shut-down came after a conference call of Uber management and was announced publicly in a blog post on the company’s website. ... (read more)
Thanksgiving-type congestion may become norm for McCarran19 November 2014
LAS VEGAS -- That airport congestion we’re expecting to see during the Thanksgiving holiday next week? Get used to it, especially at McCarran International Airport, the U.S. Travel Association says. The Washington, D.C.-based organization that is an advocate for the $2.1 trillion travel industry said ... (read more)
Vegas visitor numbers slow, but still up from September 201329 October 2014
LAS VEGAS -- Southern Nevada’s tourism economy took the foot off the gas in September, improving at a rate that wasn’t as robust as it had been in recent months. The Las Vegas Convention and Visitors Authority reported Tuesday that 3.3 million people visited Southern Nevada in September, a 1.4 percent increase over the same month a year ago. ... (read more)
Uber appears ready to roll in Las Vegas23 October 2014
Uber, the ride-sharing company that thousands of Southern Nevada consumers have been clamoring for — and will likely result in thousands of headaches for transportation regulators and taxi company executives — is nearing its Las Vegas launch. Representatives of the company met with the Las Vegas Review-Journal editorial board on Wednesday to explain details of its service. ... (read more)
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